United Nations Convention on the Assignment of Receivables in International Trade

Contents

• CHAPTER I -- SCOPE OF APPLICATION
• CHAPTER II -- GENERAL PROVISIONS
• CHAPTER III -- EFFECTS OF ASSIGNMENT
• CHAPTER IV -- RIGHTS , OBLIGATIONS AND DEFENCES
• CHAPTER V -- AUTONOMOUS CONFLICT--OF--LAWS RULES
• CHAPTER VI -- FINAL PROVISIONS
• ANNEX TO THE CONVENTION
• About this document ...

The Contracting States,

Reaffirming their conviction that international trade on the basis of equality and mutual benefit is an important element in the promotion of friendly relations among States,

Considering that problems created by uncertainties as to the content and the choice of legal regime applicable to the assignment of receivables constitute an obstacle to international trade,

Desiring to establish principles and to adopt rules relating to the assignment of receivables that would create certainty and transparency and promote the modernization of the law relating to assignments of receivables, while protecting existing assignment practices and facilitating the development of new practices,

Desiring also to ensure adequate protection of the interests of debtors in assignments of receivables,

Being of the opinion that the adoption of uniform rules governing the assignment of receivables would promote the availability of capital and credit at more affordable rates and thus facilitate the development of international trade,